Kina holds sway against US dollar, soars against axed Aussie dollar

THE KINA is continuing to gain ground against the Australian dollar as commodity prices take their toll on PNG’s neighbour.

Kina holds sway against US dollar, soars against axed Aussie dollar Kina holds sway against US dollar, soars against axed Aussie dollar Kina holds sway against US dollar, soars against axed Aussie dollar Kina holds sway against US dollar, soars against axed Aussie dollar Kina holds sway against US dollar, soars against axed Aussie dollar

The Bank of PNG's mid-rate had one kina worth A62.71c yesterday, up 8.85% from five days previous.

Interbank rates indicate the kina has more ground to gain yet as it hits A68.

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